Tikona Achieves EBITDA Break Even in 4.5 yrs, among the Fastest in the Telecom Space
Date: 14-11-2014 11:21AM
Source: Tikona Digital Networks (TDN)
Category: Business/ Finance, Advertising, PR & marketing, Business Services, Information Technology, Technology, Telecommunications, General, Consumer interest
Location: Mumbai, Maharashtra, India
Average monthly download per subscriber on Tikona’s broadband network has steadily climbed from 6 GB download per month 2 years ago to 20 GB download per month; the heaviest any wireless operator has seen anywhere. “20 GB is average across all… there are customers who log over 150GB download per month as well. Our built network is already carrying 6 PetaBytes of traffic every month yet it is presently filled to 20% of its built capacity and as the network fills up with additional retail and enterprise subscribers, margins and cash-flows shall multiply. Tikona model is the first one of a kind to match the capacity and performance hitherto achieved via wire-line DSL or FTTC networks only” says Prakash Bajpai, founder and CEO of Tikona Digital Networks.
Tikona embarked upon the journey to roll-out its unique small cell network architecture 5 years ago and has now perfected the ultra low cost model after 7000 man-days of technology enhancement and innovation. Over 250,000 Homes and SMB enjoy the service in select pockets of top 25 cities and the company has achieved Ebitda break-even in about 4.5 years of commercial operations.
This high capacity and high performance wireless last mile solution enables tikona to deliver Internet service profitably at Rs 15 to Rs 25 per Gigabyte, and that too at speeds that support two to four simultaneous video streams i.e. nearly 1/10th the price of mobile solutions like dongles.
India suffers from lack of last-mile infrastructure and therefore has been struggling with poor broadband penetration. New fiber based last mile plants are very expensive and difficult to build and no significant investment has been made in last 5 years by telecom operators. Can Tikona type networks be the answer? When asked, a beaming Prakash Bajpai replied “Yes, a cleverly architected network leveraging the strengths of 4G OFDM efficiency, large contiguous spectrum, small cell configuration and smart antenna technologies can deliver the wire-line like performance and capacity at a fractional cost. Low capex and low opex combination makes this approach ideal for large scale proliferation of broadband to Indian masses. With a small doze incremental growth capital Tikona will be well poised to expand the coverage and capacity of its modular network several fold in next couple of years. We could then be carrying over 30 Peta-Byte of Internet traffic per month”.
About Tikona Digital Networks (TDN):
TDN was founded in 2008 by veterans from the telecom industry, who have built some of the largest telecom networks in India. With a vision to be a leading Broadband and IT services company, offering innovative products and solutions to home, enterprise and service provider customers in India. TDN has 40,000 outdoor wireless access points across the country making it world’s largest outdoor Wi-Fi network provider. The company has recently launched Tikona Infinet (formerly known as HCL Infinet) to provide data services to Enterprises. TDN is adequately funded by top end global investors and is committed to comply with the highest standards of corporate governance.
More Press Releases
Regalix Announces Results from its Latest Research on 'M-Social Media Trends in India 2017'
JW Marriott Mumbai Sahar Appoints Dietmar Kielnhofer as General Manager
Max India Announces Annual Financial Results for FY2017; Strong Revenue and Profit Growth in the Company's First Annual Results
AquaSymphony by GROHE - The Probably Most Luxurious Shower in the World
Haier India Unveils 3 New Refrigerators
Frost & Sullivan and TERI Deliberate on Circular Economies and Sustainability Development Goals at the India Sustainability Leadership Summit 2017
TO THE NEW along with Amazon Web Services Successfully Decoded Digital Transformation through One of its Kind Events
Learning Delight Takes a Big Leap Forward in Digitizing Rural Education in Gujarat
Toshiba Unveils NVMe™ SSDs Using 64-Layer, 3D Flash Memory
Virender Sehwag Hands Over Winners Trophy for Under 14 Tournament Junior Pitch
Accelerating AI Experiences from Edge to Cloud with Cortex-A75, Cortex-A55 and Mali-G72 Processors
TouchTunes and PlayNetwork Complete Merger
Hytera Communications Completes Acquisition of Sepura
Professor Michael E. Porter Visualises Plan for a Competitive India at NCF 2017
Michael E. Porter Hails Improving Government-business Relationship in India
Professor Michael E. Porter Presented Porter Prize 2017 in Mumbai
Eureka Forbes Institute of Environment with Rotary Club of Bombay Sets Up 4 Community Water Plants for Safe and Healthy Drinking Water at JJ hospital
Don't Postpone JOY
Bajaj Finserv Reduces Home Loan Interest Rate to 8.50 Percent in its Special Offer
Michael E. Porter Discusses Strategy with a Gathering of Top Industry Leaders in Mumbai
ShiftingSolutions.in: A Trusted Name in Packers and Movers Industry
US Food and Drug Administration (FDA) Begins Scientific Review of Philip Morris International’s Modified Risk Tobacco Product Application for its Electronically Heated Tobacco Product (EHTP)
KLAS report: InterSystems TrakCare Tops Global EMR Deployments
Transaction Network Services Switches to Rimini Street Support for Oracle E-Business Suite
IBC2017 Conference Programme Presents Keynote Sessions That Embrace the Diversifying Media Ecosystem